$ 1,999,999
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$1,999,999
Price -
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Bed -
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Bath -
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SqFt
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About the Listing LBT1 - 120061
Prime 1.39-Acre Residential Development Opportunity in Alexandria! A rare find in the heart of Fairfax County, this expansive 1.4-acre double-lot assemblage (consisting of 3509 and 3505 Franconia Rd) offers unparalleled potential for builders, developers, or investors looking to capitalize on low Northern Virginia inventory. Development Potential: * By-Right Potential: Zoned R-2, the property currently allows for detached single-family dwellings. With 60,000+ square feet of land, a subdivision into multiple premium lots is a high-value path. * Density Play: Strategically located near existing high-density and townhouse communities. Initial feasibility studies suggest the possibility of a larger townhouse footprint (up to 21 units) with a successful rezoning application. * Value-Add Strategy: "Build three, sell two—live for free!" Or, develop a private luxury enclave minutes from the city. Utilities & Site Features: * Ready to Build: Electric, natural gas, public water, and public sewer are all available at the property. * Land Value Only: An existing structure remains on the property but is not habitable and conveys strictly AS-IS. The value is entirely in the land and the location. * Topography: Relatively level and manageable acreage, making it an "easy build" compared to more rugged NoVa lots. Unbeatable Location: Positioned along the high-visibility Franconia Road corridor, this site offers immediate access to I-495/395/95. Commuters are minutes from the Franconia-Springfield Metro, Old Town Alexandria, and Kingstowne Center. Enjoy close proximity to top-tier Fairfax County schools, shopping, and dining. Take advantage of this rare opportunity to secure significant acreage in one of the most sought-after zip codes in the DC Metro area. Assemblage includes Tax IDs: 0822 01 0046 and 0822 01 0046A.
Listing Highlights
Status
Active
Days on Site
1108
Property Type
Vacant Land
MLS ®
VAFX2123436
Year Built
Total Square Footage
0
Lot/Acreage
1.39
County
Fairfax
School District
Fairfax County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Hook-up Available
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: 120
- Roof:
- Others:
- Sewer: Public Hook/Up Avail
Financial Details
- Tax Amount: $8,293
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
3509 & 3505 Franconia Rd Alexandria, VA 22310
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